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Centrica ( (GB:CNA) ) has provided an announcement.
Centrica plc announced the purchase of 2,240,728 of its own ordinary shares at a price of 156.9800 pence per share, as part of its 2025 buyback programme. This transaction, executed through Goldman Sachs International, is part of a larger effort that has seen the company acquire over 42 million shares since June 2025. The move is expected to strengthen Centrica’s financial position by consolidating its share capital, potentially increasing shareholder value.
The most recent analyst rating on (GB:CNA) stock is a Buy with a £150.00 price target. To see the full list of analyst forecasts on Centrica stock, see the GB:CNA Stock Forecast page.
Spark’s Take on GB:CNA Stock
According to Spark, TipRanks’ AI Analyst, GB:CNA is a Outperform.
Centrica’s overall stock score is driven primarily by its strong corporate events and undervaluation, as indicated by a low P/E ratio and attractive dividend yield. While financial performance has improved, historical volatility necessitates a cautious approach. Technical analysis presents mixed signals but suggests potential upside, supporting the overall positive outlook.
To see Spark’s full report on GB:CNA stock, click here.
More about Centrica
Centrica plc is a British multinational energy and services company headquartered in Windsor, Berkshire. It is primarily involved in the supply of electricity and gas to businesses and consumers in the UK and Ireland, as well as energy trading and services. Centrica is listed on the London Stock Exchange.
Average Trading Volume: 29,140,998
Technical Sentiment Signal: Buy
Current Market Cap: £7.55B
See more insights into CNA stock on TipRanks’ Stock Analysis page.